A beach hut at Sandbanks Mudeford has been sold in 24 hours for £485,000. If you won £10m on the Lottery would you spend nearly 1/2 million on what is essentially a shed? I know I wouldn’t

by Fried_onions_are_meh

40 comments

  1. That’s absurd money for something that’s probably going to be ripped to pieces by a storm eventually.

  4. Right next to the ocean and looks oretty cosy. Not sure I would pay so much but it looks like a chill place to live

  5. ~~Sandbanks or Mudeford? Those are two different places at opposite ends of east Dorset.~~

    edit – thanks for the clarification

  6. There’s dozens of vastly overpriced huts on the proms here in norfolk,absolutely ridiculous amounts of money

  7. The value in these huts is that theyre one of the few places in the country with beach huts you are allowed to sleep in. Theres relatively few of them but they have no running water or electricity unless you get solar panels. Obscene money for what is basically a shed with a bed and a sea view.

  8. Could have bought a really nice camper van with that and had great views of beaches all over Europe, and still had £385000 left.

  9. If I’m paying that much for a beach hut, I expect various palm trees to be native to the beach.

  10. I would buy the following for £485k

    Nissan R35GTR Track edition £100k
    GR Yaris £40k
    Ariel Nomad £60k
    VW camper £60k
    Audi RS6 £120k
    Mclaren 600lt £105k

    I wouldn’t really TBH , but it shows what a car nut could blow the cash on

  11. Looks like a bedroom in the loft part. Maybe rent it out for a few decent bob a week.

  12. I remember during the pandemic that a few local teenagers were down there. The millionaire owners wanted the council tax payers to pay for private security and increased police patrols. Imagine being so out of touch to spend 1/2 million on a beach hut and then demand that locals pay for increased security to keep the general public out of the area?

    I imagine when sea levels rise these millionaires will demand the tax payers bail them out of their private investment too.

  13. First of all its Mudeford and not Sandbanks which is somewhere 12 miles (or 30 min drive) away.

    Then i absolutely wouldn’t buy it as I’ve always thought Mudeford was abit shit, they only sell for so much because you can sleep in them.

  15. I live in Lancashire, and could buy a medium sized palace for that.

  16. “If you won £10m on the lottery”

    That’s such a dodgy question. Because spending money is a matter of perspective. If you haven’t won the lottery and you’re trying to imagine winning the lottery, you’re still going to see things from your current perspective…which is that £485k is a lot of money.

    If you had £10m then spending £485k is equivalent to having £1000 and spending £48.50…a typical, decent value, meal out for 4 people.

    That in mind, if we only consider the proportions of the spend rather than the cash value…then proportionally, if I have £10m and buy that shack and get 2 weeks out of it entertaining my family happy, then it’s better value, proportionally, than if I had £1000 and spent £48.50 on a night out.

    Would I do it? Probably not, £485k can buy you a much better experience than a shed on a beach…if I had £10m and I did it anyway, would it matter? No probably not because I’d make the £485k back in interest in 6 months….it’s therefore less of a liability than buying a curry.

  18. This is on the Mudeford Sandbank (locally called the Mudeford Spit), which is at the end of Hengistbury Head in Bournemouth.

    There are 2 rows of beach huts all along, the expensive ones look into the harbour (back to land) and the bay (out to sea).

    Sandbanks (an area of Poole) is 10 miles away.

  19. Imagine buying a shed to sleep in for half a million in a cold country with strong wind. What a purchase.

  20. from the picture it looks like it has electricity and running water, so they can probably get about £500 a weekend or £300 a night during the summer on airbnb or whatever.

  21. If I knew it would never lose value, then… maybe?

  24. you could buy one of blackpool’s piers for that

  26. It looks quite nice and cozy, I would genuinely like one… But not for that fucking much. Maybe a tenth of that.

  27. We own one of these they are great but overpriced now. Happy to answer any questions anyone has about them

  28. You’re not usually allowed to sleep in them either!

  29. You’re not usually allowed to sleep in them either!

  33. I suppose if you use the beach a lot and you can afford it, is it really such a bad investment. I presume you can sell it for a similar price when you are done with it. Personally, I would never want to traipse across our cold beaches other than the odd day here and there, but there are many out there who love to decamp to places like this as many weekends as they can manage. If you are just a couple, and have a dog who loves running the beach, then I’m sure it’s quite idyllic.

  37. Still waiting for my plan to work. Live about 20 miles inland. With climate change and seal levels rising my garden shed will be worth a fortune.

  39. its a lovely spot, i can almost see it from my house (if i stood on the roof) but no!

  40. I’m more likely to do that than spend it on a fucking car.

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